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Kentucky Ranks 8th in Business ClimateSite Selection magazine (a magazine with an international reader base in regard to economic development) has just released its 2007 Annual Business Climate Rankings - and Kentucky placed 8th for business climates.  Some of you may ask, “What is a business climate and what does it mean?”.  A business climate essentially is an evaluation of numerous factors for a particular area’s performance, as well as opinions of corporate executives for how well a state provides an ease of doing business, overall business costs, and other areas that promote business development, growth and incentives.

This award is just one of many that Kentucky has received recently fro economic development awards.  Other recent awards and honors include:

Annual Competitiveness Award - Site Selection Magazine - Kentucky 6th

Kentucky’s Workforce Training Programs - Expansion Management Magazine - Kentucky 5th

Executive Survey - Kentucky 10th

Congratulations to Kentucky and Kentucky businesses!  Keep up the good work!

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